President Donald Trump signed the COVID-19 Economic Relief and government spending Bill, averting a government shutdown and providing financial assistance to millions of Americans devastated by the pandemic.
Trump signed the $2.3 trillion bill into law Sunday night, days after suggesting amendments to steeply hike stimulus payments.
The House and Senate passed the coronavirus relief bill along with legislation to fund the government through the end of September, with an overwhelming and bipartisan majority last week.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.